505 28Th Ave Hollywood, FL 33020
This exceptional 1-story church building, constructed in 1967, presents a unique investment opportunity in Hollywood, Florida. Located at 505 N 28th Ave, 33020, this property boasts a prime location, just a mile and a half from downtown Hollywood and approximately three miles from the beach. The church currently accommodates approximately 50 seats and has an active congregation of 25 members. On-site amenities include a functional kitchen with an adjoining dining area, a versatile back room suitable for classes or childcare, and a convenient storage unit located at the rear of the building. A private office provides additional space. Ample parking is available with a lot accommodating 12 vehicles. The property sits on a double lot, currently zoned RS-3, offering significant potential for future development. The RS-3 zoning allows for the possibility of rezoning to accommodate multi-family dwellings, making this an attractive prospect for investors seeking to capitalize on the area's growth. The asking price for this exceptional property is $950,000. Don't miss this chance to acquire a well-situated property with substantial upside potential in a thriving Florida community.
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Christ Ambassador Church Church
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MGS Tax & Realty Corporation Accounting Firm Tax Preparation
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Faith Freedom Association Or Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.